After a week of intense volatility and heavy losses, gold and silver prices recorded a modest recovery during Asian trading on Friday, supported by bargain buying from investors. However, silver continued to lag behind and was on track to post a sharp weekly decline of around 14%, after losing most of its recent gains. Gold,…
Gold prices rose slightly in Asian markets on Wednesday on expectations that the US Federal Reserve (Fed) will cut interest rates. Silver prices rose faster than gold, hitting a new high above $62 an ounce as silver is expected to be in tight supply and in high demand next year. In addition, the US dollar…
Silver prices fell 2.56% to 109.972 as the Federal Reserve decided to keep interest rates at 4.25% to 4.5%. Compared to previous forecasts, markets now expect only 35 basis points of easing by the end of the year. In the first half of 2025, retail investment in India grew by 7% year-on-year on optimistic price…
Silver prices fell 1.28% to ₹1,11,486 on a stronger US dollar. The latest US inflation (CPI) data came in close to expectations, suggesting that the US Federal Reserve is likely to cut interest rates soon. Core CPI rose 0.2% month-on-month and 2.9% year-on-year — both marginally lower. Headline CPI rose 0.3% month-on-month and 2.7% year-on-year,…
Yesterday, silver prices rose 0.75% to close at $107,518. This came as the US dollar weakened on ongoing concerns about trade and government spending. The US Federal Reserve chairman said that if it were not for the price hike caused by the president’s taxes, more interest rate cuts would have already taken place. Job cuts…
Silver prices rose 0.57% to ₹106,493 as global tensions and economic uncertainty increased. The rise came after Israel launched a preemptive strike on Iran, which sparked fears of a major conflict in the Middle East. Apart from being a safe haven asset in times of crisis, silver is also supported by strong demand from industries…
Silver prices rose as the US dollar fell to its lowest level in two weeks. This happened as people were worried about the US economy and government spending. Silver rose 1.92% to close at ₹97,288. The dollar weakened after Moody’s downgraded the US debt rating to “AAA” from “AA1” due to high debt and large…
Silver rose 0.47% to 95,915 as the U.S. dollar weakened, as U.S. economic data was mixed and global tensions mounted. Weak retail sales and the biggest drop in the producer price index in five years raised hopes that the Federal Reserve might ease its policies. Many believe the U.S. may want a weaker dollar to…
The price of two common precious metals, gold and silver, is trying to bounce back from a sharp decline last week. The world’s instability and declining dollar have increased demand for safe-haven assets like gold and silver. While silver prices increased 1% to about $32.40 an ounce on Monday, gold prices in India increased by…
Silver prices fell 1.24% to 94,729 on trade tensions. The move came after the US President shared positive trade talks with India, Japan, South Korea and China. At the same time, demand for silver for industrial use weakened due to poor global economic data. And China’s manufacturing activity slowed to a 16-month low as export…
